£616,276
This estimated value is based upon the latest sale price for the house of £425,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Victor Road
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117 High Street, Penge, SE20 7DS
Phone: 02081151066
| Price Paid | Date |
|---|---|
| £425,000 | 31 Jul 2015 |
| £83,450 | 3 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £425,000 results in an estimated price of approximately £616,276.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £425,000 | £191,276 | £616,276 |
The Postcode Pricing Model uses changes in average sales price within the SE20 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 19.010 % | £80,792 | £505,792 |
| 3 Month Average | 36.520 % | £155,208 | £580,208 |
| 6 Month Average | 26.011 % | £110,545 | £535,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £580,037 | £575,000 | 62 EDWARD ROAD |
| 27 Oct 2023 | £634,409 | £620,000 | 122 VICTOR ROAD |
| 27 Oct 2023 | £598,595 | £585,000 | 125 VICTOR ROAD |
| 22 Feb 2023 | £447,993 | £445,000 | 98 EDWARD ROAD |
| 13 Feb 2023 | £568,800 | £565,000 | 120 PARISH LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Apr 2015. Using an estimated price of £616,276 means this house is valued at £9,481 per sq meter (£880 per sq foot).
The average size of a house on VICTOR ROAD is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Victor Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tennyson Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Road |
| Sep 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Morland Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morland Road |